Which of the following is NOT true regarding trends in state and local revenues?
A) Federal revenues sent to the states play a larger role in state budgets than 50 years ago.
B) States now collect about twice as much of their overall revenues from income taxes than 50 years ago.
C) States have not been as reliant on fees and charges to fill out their revenue portfolios since the 1980s.
D) A much smaller proportion of state revenue is now generated by selective sales taxes on gasoline.
Correct Answer:
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